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£300m Summer Sport Recovery Package


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To be announced during the budget tomorrow..

Will Speedway be included in this one?

Cricket, Horse Racing and Tennis mentioned on the BBC website as three sports that will..

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Would be a first for any Government to GIVE anything to speedway racing. 

Even in its heyday all they did was impose punitive entertainment tax on the sport that nearly put it out of existence.

On a hypothetical note....can you imagine  what BSPL would do if they received anything from this fund ?

 

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26 minutes ago, Skidder1 said:

Hypothetically,  If there is to be any Govt funding, why would it be assumed that it would go to the BSPL rather than say the SCB or ACU?

If it goes to the SCB then the difference is barely distinguishable  - if it goes to the ACU then Speedway wont see a penny of it .....

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9 minutes ago, PHILIPRISING said:

IS it a grant or a loan?

The impression so far is grants but the proof is in the pudding as they say

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Cricket Horse Racing and Tennis . 

Cannot imagine that any grant would go near the BSPL or SCB  for speedway racing - where's the accountability ? ... there's no attendance figures, there's no business accounts, no fixed assets, no contracts with riders once the season ends. Difficult to prove any "actual losses"  incurred due to Covid .  One assumes all the "staff" have been furloughed and 2 lorry loads of shale can be reused this season. Doubt the self employed riders have been paid a cent last season. 

The owners of the stadia used might have a stronger case as they have suffered actual loss of income due to unpaid rents.

 

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1 hour ago, old bob at herne bay said:

Cricket Horse Racing and Tennis . 

Cannot imagine that any grant would go near the BSPL or SCB  for speedway racing - where's the accountability ? ... there's no attendance figures, there's no business accounts, no fixed assets, no contracts with riders once the season ends. Difficult to prove any "actual losses"  incurred due to Covid .  One assumes all the "staff" have been furloughed and 2 lorry loads of shale can be reused this season. Doubt the self employed riders have been paid a cent last season. 

The owners of the stadia used might have a stronger case as they have suffered actual loss of income due to unpaid rents.

 

Is there attendance figures for the three quoted sports? Business accounts are abailable from Companies House. Some clubs will have Fixed Assets e.g. machinery.

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22 hours ago, old bob at herne bay said:

Would be a first for any Government to GIVE anything to speedway racing. 

Even in its heyday all they did was impose punitive entertainment tax on the sport that nearly put it out of existence.

On a hypothetical note....can you imagine  what BSPL would do if they received anything from this fund ?

 

Under declaring crowds, not declaring correct vat etc etc, I’m sure the promoters were not as bad off as they made out.

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28 minutes ago, Gunner85 said:

Speedway is still away from the limelight re Sport in Britain.
 

I would be amazed if we received anything from the govt.

The limelight was wide enough to encompass Speedway as an Elite professional sport last year so that it was prevented from happening....

I understand you scepticism though

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On 3/2/2021 at 7:02 PM, mikebv said:

To be announced during the budget tomorrow..

Will Speedway be included in this one?

I'm assuming that the tax payers money isn't just going to be thrown around like confetti, and that to get any money off the Government, the sports governing bodies will have to present Full Business Cases for how much they want, why they deserve it, and what they will do with it, that will be to the greater good of the sport that the communities that benefit from the sport. Included in that will be an Equalities Impact Assessment (the Public Sector loves those) to ensure that everyone from as diverse a cross section of the community will benefit...

SO... let's play a game... let''s pretend that it's YOUR job to write that Full Business Case to support a claim for financial assistance for speedway.  How would it read?

AND when you've had a go at doing it for yourself, ask yourself who at the BSPZzzz you would trust to present a Full Business Case on behalf of the whole sport without trousering 40% of the money awarded, like Terry Russell did, the last time some collective financial deal was struck (Sky TV, anyone?)

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8 hours ago, Skidder1 said:

Surely - a bit like the Govt PPE contracts - it'll be a case of who you know not what you know!!?

OK, so who has speedway got in high (or even better, in low) places that can help?

Seriously though, there will be a department within the ministry, staffed by civil servants, none of whom will probably have the first clue as to what speedway is, and if you their job will be to sift through the applications, bin the ones that don't tick the boxes and advance those that do...so how many politically correct boxes do you think that an application made by the BSPZzzz is going to tick?

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Surely they must have a chance given that last years British Final was singled out as a test event? At the very least it shows that the BSPL have lines of communication to the decision makers.

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